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Cablevision Systems Down 16.1% Since SmarTrend Downtrend Call (CVC)

Dec 04, 2012 (SmarTrend(R) Spotlight via COMTEX) --
SmarTrend identified a Downtrend for Cablevision Systems (NYSE:CVC) on November 5th, 2012 at $16.54. In approximately 4 weeks, Cablevision Systems has returned 16.14% as of today's recent price of $13.87.

Cablevision Systems share prices have moved between a 52-week high of $18.86 and a 52-week low of $10.76 and are now trading 29% above that low price at $13.87 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.1% while the 200-day MA has remained constant.

Cablevision Systems Corporation provides telecommunications and entertainment services. The Company has operations in multimedia delivery, subscription cable television services, championship professional sports teams, and national television program networks.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Cablevision Systems.

Log in and add Cablevision Systems (CVC) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com
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